SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

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 South Korean police seek arrest warrant for Hybe chairman Bang Si-Hyuk over alleged $100 million investor fraud scheme    South Korean police are seeking an arrest warrant for Bang Si-Hyuk, the billionaire music executive behind K-pop powerhouse Hybe and BTS, as part of an expanding investigation into allegations that he improperly benefited from an investor scheme involving more than $100 million. Authorities said they have asked prosecutors to pursue a court warrant for Bang’s arrest as they continue probing claims that he misled investors in 2019. Investigators allege he told investors that Hybe had no plans for an initial public offering, leading them to sell shares to a private equity fund. The company later went public, and police suspect a separate arrangement may have resulted in Bang receiving a substantial payout tied to post-IPO stock profits. Bang’s legal team has not directly addressed the specific allegations but said he has cooperated with investigators an...

PRESIDENT BIDEN CALLS ON NEW YORK GOVERNOR TO RESIGN AFTER REPORT DETAILS SEXUAL HARASSMENT ALLEGATIONS.{PHOTO}.

President Joe Biden said Tuesday that he believes New York Gov. Andrew Cuomo should resign after a report by the New York attorney general's office found that Cuomo sexually harassed multiple women.

"I think he should resign. I understand that the state legislature may decide to impeach. I don't know that for a fact," Biden said in response to a question from CNN's Kaitlan Collins.

The call from the nation's most powerful Democrat for Cuomo's resignation amounts to one of the most significant rebukes yet for a governor who had been among Biden's political allies up until a series of sexual harassment allegations were made public earlier this year. Biden had said in March that he believed Cuomo should resign if New York Attorney General Letitia James' investigation substantiated the allegations.


The New York attorney general's investigation into sexual harassment allegations found that Cuomo sexually harassed multiple women, James announced Tuesday. The office found that Cuomo harassed current and former state employees, as well as a number of women outside of state government, James said, as the office released a lengthy report on the investigation.


James said Tuesday that her investigation found that Cuomo engaged in "unwelcome and nonconsensual touching," and made comments of a "suggestive" sexual nature. James said that the conduct created a "hostile work environment for women." In a speech made after the report was released, Cuomo denied all the allegations against him.

"I want you to know directly from me that I never touched anyone inappropriately or made inappropriate sexual advances," Cuomo said.

Following the report's release, a series of powerful Democrats in New York and Washington, in addition to Biden, called on Cuomo to resign.

When asked if he believed Cuomo should be impeached, Biden said to "take one thing at a time."

The President was also asked if he condoned Cuomo's office using a photo of him embracing other officials and citizens in the past as part of the governor's defense. During Cuomo's remarks, he played a slideshow of himself physically embracing a myriad of people and a defense brief posted on his website included photos of other politicians hugging or otherwise physically touching people.

Biden said he's sure there are "some embraces that were totally innocent, but apparently the attorney general decided there were things that weren't."

Biden said he had not spoken to Cuomo on Tuesday.

White House press secretary Jen Psaki earlier called the sexual harassment allegations against Cuomo "abhorrent."

"I don't know that anyone could've watched this morning and not found the allegations to be abhorrent. I know I certainly did," Psaki said when asked about New York Attorney General Letitia James' investigation.

Psaki said there have been no conversations Tuesday between the White House and the governor's office.


She added that the message from the White House to the women who came forward with their accounts is that "all women who have lived through ... this type of experience -- whether it is harassment or abuse or in the worst case, assault -- deserve to have their voices heard, deserve to be treated with respect and with dignity."

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